Favorite tips shared by Dr. Daniel Crosby and others in our weekly #CreditChat. Join us every Wednesday at 3 p.m. ET.

1. INVEST LIKE A BOSS
What to Know About Goal-Based Investing
#CreditChat

2. Join our #CreditChat every Wednesday at 3 p.m. ET. This week,
we talked with Dr. Daniel Crosby @incblot!
“ Check Out All the Tweets and Resources:
bit.ly/investment-boss

3. FEATURING
Dr. Daniel Crosby is a psychologist and behavioral finance
expert who helps organizations understand the intersection
of mind and markets. His clients include Brinker Capital,
Morgan Stanley, RS Funds, Grant Thornton and NASA.
Follow @incblot

4. @incblot
#CreditChat
Excluding their primary home value, most Americans
have less than $25,000 in retirement savings.

5. #CreditChat
What are reasons why many
people aren’t investing?

6. Investing certainly qualifies as ambiguous,
Tweet by @incblot
so people tend to stay away for fear of a bad or uncertain outcome.
#CreditChat

7. Millennials like myself aren’t aware of investing options.
Tweet by @GO_JuanitaR
#CreditChat

8. Tweet by @katiebissell
Investing in a work 401(k) seems like a no brainer,
but it’s harder to take the next step to other types of investments.
#CreditChat

9. #CreditChat
How can we motivate ourselves and
others to invest more for the future?

10. Tweet by @incblot
We need to think of saving/investing as a future benefit
rather than a current loss.
#CreditChat

11. Tweet by @incblot
First, you have to realize that you have a future self.
You won’t always be the young, healthy, working person you are today.
#CreditChat

12. Tweet by @GoBankingRates
Find your trust channels (writers, experts, friends or family),
learn and don’t be afraid.
#CreditChat

13. Tweet by @LeslieHTayneEsq
Instead of worrying about the risk,
acknowledge the positive gains that can come with investing.
#CreditChat

14. Tweet by @incblot
This “future self” can be hard to visualize,
but they have all the same wants that “today” you has.
#CreditChat

15. Tweet by @FinEdChat
Set retirement goals to plan for living life to the fullest ...
#CreditChat

16. Tweet by @incblot
Realize the time value of money - spending $1,000 today
means robbing yourself of many thousands later.
#CreditChat

17. #CreditChat
What is goal-based investing?

18. Tweet by @incblot
Goal-based investing is tying investment behavior to deeply-held
personal goals. Not rocket science, but seldom done!
#CreditChat

19. Tweet by @mariobonifacio
Goal-based investing puts a name and face on the otherwise
soulless numbers of investing.
#CreditChat

20. Tweet by @LeslieHTayneEsq
Goal-based planning gives you an incentive to invest
such as paying for a child’s college, retirement, etc.
#CreditChat

21. Tweet by @incblot
Goal-based investors have been shown to save a great deal more and
are much better at staying the course in a choppy market.
#CreditChat

22. #CreditChat
Do you have advice for newbies
just getting started with investing?

23. Tweet by @incblot
In every market, you control what matters most (your behavior)
#CreditChat

24. Tweet by @incblot
Look for these three things: Price (low P/E, cheap stocks),
Profit (quality co. w/ good margins) and Pitfalls (e.g. debt).
#CreditChat
INVESTING TIPS

25. #CreditChat
Do you have any favorite tools or
resources to help you with investing?

26. Tweet by @incblot
Pick an advisor who is knowledgeable, has reasonable fees,
and is a good behavioral coach who you can trust.
#CreditChat

27. #CreditChat
What do you wish you knew about
investing earlier in life?

28. Tweet by @incblot
It is just about impossible to reach financial goals without investing.
We all have to get savvy.
#CreditChat

29. Tweet by @incblot
Investing can be socially responsible
and can reflect what matters most to you
#CreditChat

30. Tweet by @incblot
The biggest thing I’ve learned is that investing is simple, but not easy.
Rules are straight forward - just hard not to panic.
#CreditChat

31. Tweet by @incblot
The biggest thing I’ve learned is that investing is simple, but not easy.
Rules are straight forward - just hard not to panic.
INVESTING
#CreditChat

32. #CreditChat
Is it ever too late to invest? Do you have
advice for those nearing retirement?

33. Tweet by @incblot
It’s never too late to invest,
but you need to adjust your approach as you age.
#CreditChat

34. Tweet by @incblot
If people would start early and be more aggressive,
retirement would be a “no-doubter” ...
INVESTING TIPS
#CreditChat

35. Tweet by @GOBankingRates
Closer to retirement - it’s all about strategy. It’s never too late.
INVESTING TIPS
#CreditChat

36. #CreditChat
Any final tips for those who want to
make smart investments?

37. Tweet by @incblot
Realize the decisions you make to act or not act are at least
as important as decisions surrounding which stocks to choose.
INVESTING TIPS
#CreditChat

38. Tweet by @incblot
Buy inexpensive, highly profitable companies with low debt load
and sit on them for longer than you’d like.
INVESTING TIPS
#CreditChat

39. Tweet by @incblot
Learn to cultivate a contrarian mind. Learn to savor the panic/fear,
realizing that it’s a fantastic time for making money.
INVESTING TIPS
#CreditChat

40. Tweet by @GO_JuanitaR
Millennials, don’t be intimidated of what you can do
with your money! Trust yourself!
#CreditChat

41. Join Our #CreditChat Every Wednesday:
bit.ly/join-creditchat